Glossary Term: BM Unit Period Non-Delivery Charge

Acronym: CNDij

The total non-delivery charge associated with Bids or Offers not delivering in a Settlement Period for a BM Unit.

BSC defined definition

The BM Unit Period Non-Delivery Charge is the total non-delivery charge associated with the non-deliver of Bids or Offers for BM Unit i in Settlement Period j. The amount determined in accordance with Section T4.8.13.

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